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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Toyota Motor Corporation    7203   JP3633400001

TOYOTA MOTOR CORPORATION

(7203)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 10/29
6893 JPY   -0.03%
11:32aGLOBAL MARKETS LIVE: Big names today
03:08aTOYOTA MOTOR : records 1st sales increase in 9 months
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02:29aJapan automakers post 2.1% dip in Sept global sales
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PSA offers to boost Toyota to win EU okay for Fiat deal - sources

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09/25/2020 | 01:24pm EDT
FILE PHOTO: A new Fiat 500 electric car is unveil in Milan

Peugeot maker PSA has offered to boost Japanese rival Toyota to try to address EU antitrust concerns about its plan to create the world's fourth-biggest carmaker with Fiat Chrysler (FCA), people familiar with the matter said on Friday.

PSA has offered to increase the production capacity for Toyota in their van joint venture, one of the sources said. Another source said the French company would sell the vans at close to cost price.

PSA makes vans for Toyota in its Sevelnord plant in northern France. The van collaboration started in 2012.

PSA submitted its offer to the European Commission earlier on Friday, three months after the EU enforcer opened a full-scale investigation into the deal with FCA on concerns that it would hurt competition in small vans in 14 EU countries and Britain.

"As of now, the transaction has obtained merger clearance in fourteen jurisdictions. As previously stated, closing of the transaction is expected to occur in the first quarter of 2021," PSA and FCA said in a joint statement.

The Commission, which temporarily halted its investigation into the deal in July while waiting for the companies to provide requested data, did not set a deadline for its decision.

"The deadline is still suspended. This procedure in merger investigations is activated if the parties fail to provide, in a timely fashion, an important piece of information that the Commission has requested from them," the EU executive said.

It is now expected to seek feedback from customers and rivals before deciding whether to demand more concessions, or either clear or block the deal.

By Foo Yun Chee and Giulio Piovaccari


Stocks mentioned in the article
ChangeLast1st jan.
FIAT CHRYSLER AUTOMOBILES N.V. -0.04% 10.564 Delayed Quote.-19.90%
PEUGEOT SA -0.91% 15.305 Real-time Quote.-27.49%
TOYOTA INDUSTRIES CORPORATION 4.70% 6900 End-of-day quote.9.00%
TOYOTA MOTOR CORPORATION -0.03% 6893 End-of-day quote.-10.64%
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All news about TOYOTA MOTOR CORPORATION
11:32aGLOBAL MARKETS LIVE: Big names today
03:08aTOYOTA MOTOR : records 1st sales increase in 9 months
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More news
Financials
Sales 2021 25 186 B 241 B 241 B
Net income 2021 1 200 B 11 463 M 11 463 M
Net Debt 2021 16 268 B 155 B 155 B
P/E ratio 2021 16,1x
Yield 2021 3,15%
Capitalization 19 273 B 184 B 184 B
EV / Sales 2021 1,41x
EV / Sales 2022 1,26x
Nbr of Employees 359 542
Free-Float 62,1%
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Technical analysis trends TOYOTA MOTOR CORPORATION
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 7 758,33 JPY
Last Close Price 6 893,00 JPY
Spread / Highest target 36,4%
Spread / Average Target 12,6%
Spread / Lowest Target -20,2%
EPS Revisions
Managers
NameTitle
Akio Toyoda President, CEO & Representative Director
Takeshi Uchiyamada Chairman
Kenta Kon Chief Financial Officer
Seiji Sakai Manager-Information Systems & IT Management
Masahito Maeda Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
TOYOTA MOTOR CORPORATION-10.64%184 802
VOLKSWAGEN AG-26.79%76 743
DAIMLER AG-9.14%55 649
GENERAL MOTORS COMPANY-4.04%48 786
BMW AG-19.65%44 012
HONDA MOTOR CO., LTD.-19.88%41 072